McInnes Wilson Lawyers Advises Tru Blu Beverages

MCW Sucess

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DATE PUBLISHED: February 2, 2023

Summary of transaction

McInnes Wilson Lawyers has advised the shareholders of Tru Blu Beverages on the sale and purchase of their shares to global beverage business, Refresco Group B.V.

about tru blu Beverages

Tru Blu Beverages produces non-alcoholic drinks across fruit juice and drink, cordial, soft drinks, sparkling mineral water, still water, and energy drinks.

Tru Blu distributes to Australia’s leading grocery stores and manufactures brands such as Waterfords, Pub Squash, LA Ice Cola, P&N, and Apple Grove. It has three manufacturing sites in Sydney, Brisbane, and Perth, warehousing in all capital cities, and contract manufacturing capabilities.

With the acquisition now completed, Refresco expands its global presence, adding a third continent as a new platform for growth.

value delivered by MCW

McInnes Wilson Lawyers advised in all aspects of the transaction including:

  • due diligence, RFIs and data room management;
  • FIRB and other regulatory approval advice;
  • negotiating and documenting the transaction;
  • specialist tax advice regarding the taxation implications for the company and shareholders;
  • multi-jurisdictional property and regulatory matters affecting the business;
  • leasehold property consents and registrations; and
  • various completion matters.

The Brisbane Corporate and Commercial team was led by Principal, Chris Davis and Senior Associate, Nick Camphin, who were assisted by Associate, Dom Ierna and Solicitor, Georgia McNamara.

They were assisted by other teams in the Brisbane office, including the Real Estate and Projects (Principal, Brian Schech), Employment and Industrial Relations Team (Principal, James Christensen) and Tax & Revenue, as well as members from the firm’s Sydney Office (including Principal, Keely Graham).

The McInnes Wilson Lawyers Corporate M&A team is here to help on every stage of a transaction. If you’d like to learn more about the team’s experience and how they can help you, please contact Chris Davis or Nick Camphin.

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